@Andy_P
I'm guessing this is done through changes in color gradients, and how fast the colors move through the circle. It's quite beautiful and intriguing.
@epic @Andy_P
I might have been wrong too initially. It might actually be mostly because of those thin lines on the outside/inside the circles.
It's easiest to notice when the circles are "moving" in only one direction, the lines are noticeable only on the orientation the circles are "moving". In that frame I posted, you can see lines on the top and bottom of both circles (and the circles are moving from top to bottom or bottom to top), but they shrink to nothing on the sides (and there's no sideways movement during this time).
@alyx Get out of there before you go insane! Run!
You know what’s missing from that compared to all other optical illusions? A statement revealed afterwards that whatever you think is happening is not happening. That statement doesn’t exist. @Andy_P